innovate creative ltd
innovate creative ltd Company Information
Company Number
08458107
Next Accounts
Dec 2025
Industry
Web portals
Shareholders
215ix limited
Group Structure
View All
Contact
Registered Address
the barn calcot mount, calcot lane, southampton, SO32 2BN
Website
innovatecreative.co.ukinnovate creative ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATE CREATIVE LTD at £15k based on a Turnover of £22.7k and 0.66x industry multiple (adjusted for size and gross margin).
innovate creative ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATE CREATIVE LTD at £0 based on an EBITDA of £-331 and a 3.25x industry multiple (adjusted for size and gross margin).
innovate creative ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATE CREATIVE LTD at £0 based on Net Assets of £-62.6k and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Innovate Creative Ltd Overview
Innovate Creative Ltd is a live company located in southampton, SO32 2BN with a Companies House number of 08458107. It operates in the web portals sector, SIC Code 63120. Founded in March 2013, it's largest shareholder is 215ix limited with a 100% stake. Innovate Creative Ltd is a established, micro sized company, Pomanda has estimated its turnover at £22.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Innovate Creative Ltd Health Check
Pomanda's financial health check has awarded Innovate Creative Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £22.7k, make it smaller than the average company (£2m)
- Innovate Creative Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (13.1%)
- Innovate Creative Ltd
13.1% - Industry AVG
Production
with a gross margin of 35%, this company has a higher cost of product (62.5%)
- Innovate Creative Ltd
62.5% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (4.3%)
- Innovate Creative Ltd
4.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Innovate Creative Ltd
20 - Industry AVG
Pay Structure
on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)
- Innovate Creative Ltd
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £22.7k, this is less efficient (£137.2k)
- Innovate Creative Ltd
£137.2k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (35 days)
- Innovate Creative Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 1550 days, this is slower than average (37 days)
- Innovate Creative Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Innovate Creative Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Innovate Creative Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94963.6%, this is a higher level of debt than the average (63.5%)
94963.6% - Innovate Creative Ltd
63.5% - Industry AVG
INNOVATE CREATIVE LTD financials
Innovate Creative Ltd's latest turnover from March 2024 is estimated at £22.7 thousand and the company has net assets of -£62.6 thousand. According to their latest financial statements, we estimate that Innovate Creative Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 4 | 5 | 5 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 146 | 243 | 952 | 1,181 | 1,406 | 238 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 715 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 146 | 243 | 952 | 1,896 | 1,406 | 238 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 66 | 91,256 | 25,910 | 23,712 | 19,174 | 1,391 | 12,740 | 5,653 | 8,410 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 31,951 | 19,913 | 18,721 | 0 | 0 | 647 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 60,785 | 7,668 | 21,729 | 33,715 | 17,140 | 21,780 | 3,024 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 66 | 91,256 | 57,861 | 104,410 | 45,563 | 23,120 | 46,455 | 23,440 | 30,190 | 3,024 | 0 |
| total assets | 66 | 91,256 | 57,861 | 104,556 | 45,806 | 24,072 | 48,351 | 24,846 | 30,428 | 3,024 | 0 |
| Bank overdraft | 0 | 0 | 0 | 157 | 193 | 38 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 62,676 | 131,821 | 27,868 | 2,067 | 1,536 | 1,138 | 0 | 0 | 7,238 | 879 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 6,152 | 14,695 | 1,377 | 13,608 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 109,620 | 28,908 | 20,694 | 38,672 | 14,442 | 0 | 0 | 0 |
| total current liabilities | 62,676 | 131,821 | 27,868 | 117,996 | 45,332 | 23,247 | 52,280 | 14,442 | 7,238 | 879 | 0 |
| loans | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 60,280 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 21,714 | 31,942 | 233 | 233 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 224 | 224 | 224 | 224 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 21,714 | 92,222 | 50,457 | 457 | 224 | 224 | 0 | 0 | 0 | 0 |
| total liabilities | 62,676 | 153,535 | 120,090 | 168,453 | 45,789 | 23,471 | 52,504 | 14,442 | 7,238 | 879 | 0 |
| net assets | -62,610 | -62,279 | -62,229 | -63,897 | 17 | 601 | -4,153 | 10,404 | 23,190 | 2,145 | 0 |
| total shareholders funds | -62,610 | -62,279 | -62,229 | -63,897 | 17 | 601 | -4,153 | 10,404 | 23,190 | 2,145 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 304 | 942 | 942 | 714 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -91,190 | 33,395 | 14,236 | 5,730 | 36,504 | -11,349 | 6,440 | -2,110 | 8,410 | 0 | 0 |
| Creditors | -69,145 | 103,953 | 25,801 | 531 | 398 | 1,138 | 0 | -7,238 | 6,359 | 879 | 0 |
| Accruals and Deferred Income | 0 | -60,280 | -49,340 | 80,712 | 8,214 | -17,978 | 24,230 | 14,442 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -224 | 0 | 0 | 0 | 224 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -715 | 715 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -6,152 | -8,543 | 13,318 | -12,231 | 13,608 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -21,714 | -10,228 | 31,709 | 0 | 233 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | -60,785 | 53,117 | -14,061 | -11,986 | 16,575 | -4,640 | 18,756 | 3,024 | 0 |
| overdraft | 0 | 0 | -157 | -36 | 155 | 38 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -60,628 | 53,153 | -14,216 | -12,024 | 16,575 | -4,640 | 18,756 | 3,024 | 0 |
innovate creative ltd Credit Report and Business Information
Innovate Creative Ltd Competitor Analysis
Perform a competitor analysis for innovate creative ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SO32 area or any other competitors across 12 key performance metrics.
innovate creative ltd Ownership
INNOVATE CREATIVE LTD group structure
Innovate Creative Ltd has no subsidiary companies.
Ultimate parent company
2 parents
INNOVATE CREATIVE LTD
08458107
innovate creative ltd directors
Innovate Creative Ltd currently has 2 directors. The longest serving directors include Mr Bradley Eynon (Apr 2015) and Mr Richard Ankers (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bradley Eynon | United Kingdom | 43 years | Apr 2015 | - | Director |
| Mr Richard Ankers | United Kingdom | 50 years | Apr 2021 | - | Director |
P&L
March 2024turnover
22.7k
-94%
operating profit
-331
0%
gross margin
35.1%
+33.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-62.6k
+0.01%
total assets
66
-1%
cash
0
0%
net assets
Total assets minus all liabilities
innovate creative ltd company details
company number
08458107
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
innovate websites ltd (September 2016)
accountant
21 SIX INVESTMENTS LIMITED
auditor
-
address
the barn calcot mount, calcot lane, southampton, SO32 2BN
Bank
-
Legal Advisor
-
innovate creative ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to innovate creative ltd.
innovate creative ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for INNOVATE CREATIVE LTD. This can take several minutes, an email will notify you when this has completed.
innovate creative ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
